04524nam 22008295 450 991025488200332120200703110649.01-137-49613-410.1057/9781137496133(CKB)3710000000632485(SSID)ssj0001666069(PQKBManifestationID)16455560(PQKBTitleCode)TC0001666069(PQKBWorkID)15000359(PQKB)10695087(SSID)ssj0001648123(PQKBManifestationID)16416745(PQKBTitleCode)TC0001648123(PQKBWorkID)12087702(PQKB)11066495(DE-He213)978-1-137-49613-3(MiAaPQ)EBC4720705(PPN)193447126(EXLCZ)99371000000063248520160329d2016 u| 0engurnn#008mamaatxtccrThe Shadow Banking System[electronic resource] Creating Transparency in the Financial Markets /by Valerio Lemma1st ed. 2016.London :Palgrave Macmillan UK :Imprint: Palgrave Macmillan,2016.1 online resource (VIII, 238 p.)Palgrave Macmillan Studies in Banking and Financial Institutions,2523-336XIncludes index.1-137-49612-6 1-349-57812-6 Shadow banking has grown in importance, to even rival traditional banking. However, its role in fuelling real estate bubbles which burst in the later 2000s is commonly attributed as one of the major causes of the global financial crisis. In this study, Valerio Lemma provides a complete overview of the shadow banking system from a legal and economic perspective. He defines the current regulatory framework of shadow banking and explores its impact on financial firms. By analysing the rules governing this market based financial system, the author highlights the functions of the system, and investigates its entities, operations and risks. Focusing on the regulatory aspects of shadow banking, this book provides an original view, demonstrating that unregulated banking and finance and the current lack of supervision in shadow banking is a market failure. This core research identifies a need for transparency in the shadow areas of capital markets, and finally suggests a resolution for the strengthened control of shadow banking entities and operations. This book would be fundamental reading for academics conducting research in any relevant fields within banking, finance, economics and law. It would also be a useful source for students of degree programs and postgraduate courses on banking and finance.Palgrave Macmillan Studies in Banking and Financial Institutions,2523-336XCorporations—FinanceInvestment bankingSecuritiesMacroeconomicsCommercial lawBanks and bankingEconomic theoryCorporate Financehttps://scigraph.springernature.com/ontologies/product-market-codes/612000Investments and Securitieshttps://scigraph.springernature.com/ontologies/product-market-codes/626020Macroeconomics/Monetary Economics//Financial Economicshttps://scigraph.springernature.com/ontologies/product-market-codes/W32000Commercial Lawhttps://scigraph.springernature.com/ontologies/product-market-codes/R12026Bankinghttps://scigraph.springernature.com/ontologies/product-market-codes/626010Economic Theory/Quantitative Economics/Mathematical Methodshttps://scigraph.springernature.com/ontologies/product-market-codes/W29000Corporations—Finance.Investment banking.Securities.Macroeconomics.Commercial law.Banks and banking.Economic theory.Corporate Finance.Investments and Securities.Macroeconomics/Monetary Economics//Financial Economics.Commercial Law.Banking.Economic Theory/Quantitative Economics/Mathematical Methods.332/.042Lemma Valerioauthttp://id.loc.gov/vocabulary/relators/aut518258BOOK9910254882003321The Shadow Banking System2252189UNINA